Arab Engineering Industries Balance Sheet Health
Financial Health criteria checks 5/6
Arab Engineering Industries has a total shareholder equity of EGP154.1M and total debt of EGP80.8M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are EGP254.4M and EGP100.2M respectively. Arab Engineering Industries's EBIT is EGP73.2M making its interest coverage ratio 6.7. It has cash and short-term investments of EGP28.3M.
Key information
52.4%
Debt to equity ratio
ج.م80.82m
Debt
Interest coverage ratio | 6.7x |
Cash | ج.م28.35m |
Equity | ج.م154.14m |
Total liabilities | ج.م100.23m |
Total assets | ج.م254.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEII's short term assets (EGP125.8M) exceed its short term liabilities (EGP74.8M).
Long Term Liabilities: EEII's short term assets (EGP125.8M) exceed its long term liabilities (EGP25.5M).
Debt to Equity History and Analysis
Debt Level: EEII's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: EEII's debt to equity ratio has increased from 12.7% to 52.4% over the past 5 years.
Debt Coverage: EEII's debt is well covered by operating cash flow (46.8%).
Interest Coverage: EEII's interest payments on its debt are well covered by EBIT (6.7x coverage).